Wholly-Owned Subsidiaries definition

Wholly-Owned Subsidiaries means any corporation, 100% of the outstanding voting stock of which shall at the time be owned by the Company or by one or more Wholly-Owned Subsidiaries, or any other entity or enterprise, 100% of the equity of which shall at the time be owned by the Company or by one or more Wholly-Owned Subsidiaries.

Wholly-Owned Subsidiaries means, with respect to any Person, a Subsidiary of such Person all of whose outstanding Capital Stock (other than directors' qualifying shares, if any) shall at the time be owned by such Person and/or more of its Wholly Owned Subsidiaries.

Wholly-Owned Subsidiaries means the Subsidiaries that are 100% owned by the Company, as indicated in the SEC Reports.

Examples of Wholly-Owned Subsidiaries in a sentence

• The Company or any of its domestically incorporated Wholly-Owned Subsidiaries may act as Paying Agent, Registrar or co-registrar.

• The Borrower shall have no Subsidiaries other than Wholly-Owned Subsidiaries.

• The Issuer or any of its domestically incorporated Wholly-Owned Subsidiaries may act as Paying Agent or Registrar.

• The Company or any of its Wholly-Owned Subsidiaries organized in the United States may act as Paying Agent, Registrar or transfer agent.

• Neither the Company nor any Subsidiary is a party to any contracts or agreements with any of its Affiliates (other than with Wholly-Owned Subsidiaries) on terms and conditions which are less favorable to the Company or such Subsidiary than would be usual and customary in similar contracts or agreements between Persons not affiliated with each other.

More Definitions of Wholly-Owned Subsidiaries

Wholly-Owned Subsidiaries means, with respect to any Person, any corporation, limited liability company, partnership, association or other business entity of which (i) if a corporation, one hundred percent (100%) of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Wholly-Owned Subsidiaries of that Person or a combination thereof or (ii) if a limited liability company, partnership, association or other business entity, all of the limited liability company, partnership or total ownership interest thereof is at the time owned or controlled, directly or indirectly, by any Person or one or more other Wholly-Owned Subsidiaries of that Person or a combination thereof.

Wholly-Owned Subsidiaries means, as of any date, all Subsidiaries that are wholly-owned by Borrower or a wholly-owned Subsidiary of Borrower. "Wholly-Owned Subsidiary" means any one of the Wholly-Owned Subsidiaries.

Wholly-Owned Subsidiaries means direct or indirect wholly owned Subsidiaries of a Person.

Wholly-Owned Subsidiaries means one or more subsidiaries 100% owned by SALI or a Borrower or by any Wholly Owned Subsidiary of SALI or a Borrower which is or has been created for the sole purpose of acquiring or constructing and owning and operating a Facility which is included in the Borrowing Base.

Wholly-Owned Subsidiaries means, with respect to any Person, any subsidiary of such Person, except that, solely for purposes of this definition, the reference to “more than 50%” in the definition of “subsidiary” shall be deemed replaced by a reference to “100%”.

Wholly-Owned Subsidiaries means the subsidiaries of the Corporation identified as such in Schedule "B" hereto. All references to dollar figures in this Agreement are to Canadian dollars.

Wholly-Owned Subsidiaries means a Corporation of which Council is the sole Shareholder.